Cotton Textile Industry In The First Half Of The 6 Hotspots Inventory Cotton Textile Industry To Pick Up

In the first half of this year, cotton

The operation of the industry is still facing.

Price downward, market demand weakened, underemployment and other problems, but the overall operation of the industry is stable, domestic cotton prices are gradually integrated with the market, domestic and foreign cotton price gap has been narrowed, and domestic cotton textile enterprises competitiveness has picked up.

Cotton target price direct subsidy policy implementation, cotton price decline, reserve cotton rotation, import yarn continues to grow.

The focus of investment in "hot" industry such as cotton spinning industry makes the cotton textile industry in 2015 especially lively.

At present, in the cotton textile industry market confidence index gradually restored, cotton textile enterprises actively carry out equipment upgrading, and constantly increase the intensity of product mix adjustment to adapt to market changes, and the profitability of products continues to increase.

Industry operation: main business income grew year by year, enterprises kept low inventory and maintained production.

According to the China Cotton Textile Industry Association tracking enterprise survey data, the first half of this year, China's yarn production grew at a low speed, the growth rate slowed down year by year, and cloth production continued negative growth in the first half year.

Tracking enterprises show that cotton stocks are more for 10~15 days. The production of high-grade cotton yarn enterprises require high quality of cotton. In order to ensure the stability of cotton blending, inventory is relatively large, and because chemical fiber raw material prices continue to decline, enterprises for chemical fiber stocks are mostly low, and enterprises generally insist on buying and buying with no inventory.

In the two quarter, the inventory of enterprise products showed an upward trend due to the reduction in demand for downstream orders and slow progress in sales.

At present, the finished product inventory is 15 days ~30 days.

Tracking enterprise data shows that in the first half of the year, the main business income of cotton textile enterprises increased by 1.98% compared with the same period last year.

From the monthly point of view, the production and operation of cotton textile enterprises in April turned a little better, and it was reflected at the end of the two quarter. From a deficit side, the loss of cotton textile enterprises in 5 and June was narrowed.

The clustered data tracked by China Cotton Association show that the cluster enterprises that produce non cotton fibers and specialty products have better profitability and balanced business benefits.

The more complete industrial cluster has stronger risk resisting ability and better profit, but the cluster dominated by pure cotton products is underdeveloped, reduced in production capacity and decreased in efficiency.

The business climate index of the association's follow-up survey showed that in the first half of the year, the cotton textile industry's prosperity index was between 45~50, rising slightly in the first quarter, reaching its peak in April, then began to decline, and the industry prosperity index showed a seasonal rebound.

Market price: domestic and foreign cotton price difference narrowed, textile enterprises market competitiveness enhanced

Cotton prices are the vane of the market.

Since the first half of this year, domestic cotton prices have been in a downward trend. At present, the average price of the domestic cotton market is 13300 yuan / ton, and the international cotton price is affected by the expected decline in global cotton production and the pattern of US dollar strength. The international price of cotton is 11000 yuan / ton, and the difference between inside and outside cotton price is reduced to two thousand yuan. The price is constantly approaching, and the market competitiveness of textile enterprises is constantly increasing.

In the first half of the year, the price of viscose staple fiber was oscillating upward in the first half of the year due to the shortage of supply.

And polyester staple fiber because of the decline in oil prices, prices will also be weak downward.

Beginning in April,

The staple fibers stopped and stopped the downward trend.

Yarn, cloth prices, but also because of weak raw material prices, market demand and other aspects of the impact of declining.

Market trade: import and export of cotton and cotton fabrics decreased, cotton yarn imports increased year on year

China Customs General data show that 1~6 months, China's cotton

The volume was 933779 tons, down 33% from the same period last year.

Cotton imports in June were 161775 tons, down 26% from the same period last year.

The proportion of cotton in Uzbekistan increased significantly, while India cotton fell from the same period.

The decrease in the import of cotton in India is mainly influenced by the policy of cotton and storage in India, in addition,

The poor quality of cotton is also the concern of domestic textile enterprises.

Customs statistics showed that the total import and export volume of yarn in China was 2 million 923 thousand tons in 1~5 months, an increase of 4.5% over the same period last year, and the import and export volume was 8 billion 610 million US dollars, down 4.7% from the same period last year.

The number of exports was 1 million 647 thousand tons, down 0.81% compared to the same period last year, and the export volume was 4 billion 770 million US dollars, down 8.4% from the same period last year.

The import volume was 1 million 276 thousand tons, an increase of 12.1% over the same period, and the import amount was 3 billion 840 million US dollars, up 0.4% from the same period last year.

India, Pakistan and Vietnam are the three largest source markets of cotton yarn imports in China. In the first 5 months of this year, except for February, the number of cotton yarn imported from India, Pakistan and Vietnam increased. In February, imports from Vietnam only increased by 27.9%, and imports from India and Pakistan declined to varying degrees.

In 2015 1-5, China imported 299 thousand tons of cotton yarn from India, an increase of 17.9% compared with the same period last year, and the import price was 2.7 US dollars / kg, down 12.7%.

Imports of 253 thousand tons and 192 thousand tons of cotton yarn from Pakistan and Vietnam respectively increased by 23% and 41% respectively, and the import prices were 2.44 US dollars / kg and 2.99 US dollars / kg respectively.

In 1~5 months, the export of China's cotton fabrics was 3 billion 140 million meters, down 5.8% from the same period last year.

Imports of 240 million meters, down 15.86% compared to the same period, cotton textile trade exports amounted to $10 billion 100 million, down 9.04% over the same period last year.

In addition to the positive growth in the number of cotton fabrics exported to Bangladesh, the rest of the export markets declined year-on-year, including Vietnam, Indonesia and Hongkong, China.

In the two quarter, the export of cotton textile products narrowed and imports volume was $3 billion 470 million, down 0.7% from the same period last year.

China's exports to the United States grew by 6.14% over the same period last year.

ASEAN is the main import market of China's cotton textiles, and the import of cotton textiles from ASEAN has increased by 2.12% over the same period last year.

Reserve cotton rotation: reserve cotton price ratio is low, out of stock volume is not satisfactory.

At present, the topic that the market is most concerned about is my cotton reserve rotation. The NDRC has said that this round of reserve cotton production is going out in the first round and in the rear, and it will continue to improve the stock structure and solve the problem of high inventory that is perplexing the development of China's cotton textile industry.

The total number of cotton put into operation was 1 million tons in July 10th ~8 31 months, the average price was 14300 yuan / ton, and the delivery structure of reserve cotton was divided into 2011 domestic cotton, 2012 domestic cotton and 2012 imported cotton.

As of July 24th, the total output of reserve cotton was 35 thousand tons, with a turnover ratio of 7.2%. Of these, the turnover of domestic cotton in 2011 was 18%, and the turnover of domestic cotton in 2012 was 3% in 02012.

Judging from the paction situation, 2011 domestic cotton is sought after by enterprises, and domestic cotton in 2012 is nobody.

China Cotton Association understands that enterprises are worried about the poor quality of cotton, and the price is high. For enterprises, the price is not high, the key is no after-sales guarantee, worry about quality problems and no claims. In addition, the purchase procedures are complex, and the circulation time is long, which also affects the purchasing enthusiasm of enterprises.

Imported yarn: the quality of imported yarn is constantly improving, and the market is gaining momentum.

According to customs statistics, China's yarn imports amounted to US $4 billion 610 million in 1~6 months, an increase of 2.2% compared with the same period last year, with imports of cotton yarn as the main source, with an import value of US $3 billion 300 million, an increase of 6% over the same period last year, accounting for the national textile industry.

26.3% of total imports.

In the first half of this year, China's cotton yarn imports declined only in February, and the import volume was 124 thousand tons, down 19.1% compared to the same period last year. In January, April and May, the overall growth rate was the same as that of the first half of the year, with the import volume of 218 thousand tons, 216 thousand tons and 184 thousand tons respectively. In March and June, the increase was 39.5% and 37.6% respectively, and the import volume was 249 thousand tons and 194 thousand tons respectively.

1~6 cotton yarn imports 1 million 184 thousand tons, an increase of 19.9%, higher than the same period cotton imports 250 thousand tons.

The momentum of imported yarn is strong, mainly because the price of domestic cotton is higher than the international cotton price, especially the cotton price in India, resulting in the spatial profit of yarn price far greater than that of China. The domestic yarn order pfer is very obvious, resulting in the closure of small and medium-sized enterprises in China.

In addition, the promotion of imported yarn quality, especially the increasing variety of combed yarn, is also the main reason for its increasing import volume.

Industrial pfer: Xinjiang's investment attraction is huge, and overseas investment is undermining.

At present, some cotton textile investment projects in Xinjiang, such as Tianhong Group, Ruyi group, Huafu color spinning new investment enterprise in Xinjiang, include some enterprises already invested in Xinjiang, such as Xinjiang Yida, Huamao Group, Xinjiang's preferential measures and resource advantages, attracting large batch of enterprises to invest and build factories.

However, the China Cotton Textile Industry Association expressed the hope that enterprises could be pferred orderly and conform to the law of market development.

In the first half of the year, overseas investment was a bit calm, but in fact it was a dark trend. Apart from Vietnam, Kampuchea, Malaysia and Southeast Asian countries became important bases for the overseas pfer of cotton textile enterprises in China. More and more cotton textile enterprises went to these areas to investigate.

The advantages of overseas, especially the advantages and preferential policies of raw materials, labor costs and preferential policies in some Southeast Asian countries, are very attractive to enterprises, but there are also great risks, including continuity of policies, cultural compatibility and shortage of skilled workers.

China's cotton textile enterprises indicate that while guiding textile enterprises to invest overseas and build factories, they will also strongly guide enterprises to "import" and make use of advanced technology and advanced ideas to improve the value-added products of domestic textile enterprises.

Market forecast: cotton prices are difficult to pick up, and spinning enterprises are more favorable.

When the whole market is weak, the enthusiasm of enterprises to purchase cotton is not strong. It is estimated that the volume of State Cotton Storage will not be too optimistic.

In addition, the procurement of raw materials will continue until new cotton comes into the market, and cotton prices will pick up.

At present, the supply of cotton is not satisfactory. The enterprises are mainly made of chemical fiber blended products. Besides, enterprises expect the arrival of the new cotton year, which makes the production of enterprises improve.

China Cotton Textile Industry Association predicts that the possibility of increasing the quota of cotton imports is not large, mainly by digestion of domestic stocks.

Although there are still many unfavorable factors, the Chinese Cotton Textile Industry Association said that the current market is showing signs of improvement, stable production, smooth production and marketing of the gauze Market, gradual improvement of the trade environment, and the reduction of the national industrial electricity price and the reduction of the production cost of enterprises. All these indicate that in 2015, with the adjustment of policies and the acceleration of the market reform process, the cotton textile industry will face a more favorable development environment.